Fairways Hotel reportedly sells for €2.5 million

17 June 2015

The Fairways Hotel and Conference Centre in Dundalk and an adjoining 14.5 acre site, have reportedly been sold for €2.5 million euro.
The Irish Times says a Dublin investor paid €1 million euro more than the guide price after the sale generated considerably more interest and bidding than expected.
The business was sold with planning permission for 49 townhouses, 44 apartments, a supermarket, two retail units, a bingo hall and a créche.